{"id":156043,"date":"2019-09-24T08:30:52","date_gmt":"2019-09-24T12:30:52","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156043"},"modified":"2019-09-24T08:05:51","modified_gmt":"2019-09-24T12:05:51","slug":"eurusd-analysis-sharp-euro-zone-manufacturing-contraction-bearish-for-eurusd","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/eurusd-analysis-sharp-euro-zone-manufacturing-contraction-bearish-for-eurusd\/","title":{"rendered":"EURUSD Analysis: Sharp euro-zone manufacturing contraction bearish for EURUSD"},"content":{"rendered":"<div id=\"inves-2903815459\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 24, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/strong><\/p>\n<p><strong>Sharp euro-zone manufacturing contraction bearish for EURUSD<\/strong><\/p>\n<blockquote><p>Manufacturing activity in the euro-zone contracted more sharply in September than expected. Will the <a href=\"https:\/\/www.ifcmarkets.com\/en\/market-data\/forex-prices\/eurusd\">EURUSD<\/a> decline?<\/p><\/blockquote>\n<p style=\"text-align: center; margin-bottom: 20px; margin-top: 20px;\"><img decoding=\"async\" style=\"float: none;\" src=\"https:\/\/www.ifcmarkets.com\/uploads\/images\/EURUSD_24September2019.jpg\" alt=\"EURUSD falling below MA(200)\" width=\"660px\" \/><\/p>\n<p>The price chart on 1-hour timeframe shows <b> EURUSD: H1 <\/b> is trading sideways. The price is below the 200-period moving average MA(200) which is level. And the RSI is at 50 level and set to rise. There is no trend yet formed, traders have to decide when it would be a best time to enter the market.<\/p>\n<p>Market Analysis provided by <a href=\"http:\/\/www.ifcmarkets.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">IFCMarkets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By IFCMarkets Sharp euro-zone manufacturing contraction bearish for EURUSD Manufacturing activity in the euro-zone contracted more sharply in September than expected. Will the EURUSD decline? The price chart on 1-hour timeframe shows EURUSD: H1 is trading sideways. The price is below the 200-period moving average MA(200) which is level. And the RSI is at 50 [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-156043","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=156043"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156043\/revisions"}],"predecessor-version":[{"id":156045,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156043\/revisions\/156045"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}